Thanks Rolf, There has to be a way around this without dismantling the rental portfolio. I just haven't found it yet
I have rental managers who pay the expenses. I am not sure I want to untangle that.
Well, that is disappointing. What if I transfer what the expenses are from the LOC into a high interest savings for an "undetermined" time frame....
Thanks. The total non interest expenses will be paid out of the rental income. I intend to transfer the expenses amount from the lines of credit...
Thank you. I will probably have two properties per line of credit.....
Hi there, I retired a few years ago. Currently have six properties that are unencumbered. I have set up lines of credit on three of the...
Hi, I have a 2 BR unit in East Brisbane. Can someone recommend a property manager. Thanks
Hi, I would be interested in member's retirement plan. 1. Live off rents..... Might take a number of properties to make that viable 2. Live on...
Thailand isn't as cheap as it used to be. Last time I checked the Baht was about 19 compared to 30+ a few years ago.....Thais are encouraging...
I still think it is crazy selling unecumbered properties in Australia with the massive clip by ATO, Stamp duty , agent fees ,legal fees and CG...
Example Someone (Bart) buys a $400,000 property which he anticipates will double in value every 10 years. He borrows $400,000 to buy it. He...
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